YPro.Finance (YPRO)

What is YPro.Finance

There will be three core products for YPro ecosystem:

YPRO token holders will be able to earn passive returns by depositing and locking up YPRO tokens and LPs tokens to our farms or by staking this tokens. In the future there will be more options to earn reward, because we're planning to launch more products.

What is Yield Farming?

Yield farming is a process that allows cryptocurrency holders to lock up their hold-ings, which in turn provides them with rewards. More specifically, it is a process that lets you earn either fixed or variable interest by investing crypto into a DeFi market.

Simply put, yield farming involves lending cryptocurrency via the Ethereum net-work. When loans are made via banks using fiat money, the amount lent out is paid back with interest. With yield farming, the concept is the same: a cryptocurrency that would otherwise be sitting in an exchange or in a wallet is lent out via DeFi pro-tocols (or locked into smart contracts, in Ethereum terms) to get a return.

Yield farming is normally carried out using ERC-20 tokens on Ethereum, with the rewards being a form of ERC-20 token. While this might change in the future, almost all current yield farming transactions take place in the Ethereum ecosystem.